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How Much It Cost To Own My Airplane For 1 Year

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MojoGrip

This airplane is up for sale. See listing on https://www.aeroavion.com/listing/ful...
Contact: [email protected] Or [email protected]
I fly a 2020 Sling TSi (see stats below). Here is the breakdown of my ownership cost, to fly, hangar and maintain this aircraft for the year 2021.

1. Insurance $7,600. My insurance was pretty high year 1 but it's gradually come down as I've built time in the airplane and became instrument rated.

2. Hangar $3,960. It cost me $330 every month to store this airplane in a hangar at my local airport

3. Annual $1,200. Preventative maintenance by law

4. Other Repairs $1,300. Other work done on the airplane in 2021

5. Subscriptions $748. My subscriptions to fly this airplane include Coflyt, Foreflight and Garmin

6. Miscellaneous $900

7. Fuel Cost $4,700. This is how much it cost me to fuel up the airplane for 100 hours of flight time.

Total cost for the year = $19,572
Hourly cost = $196 per hour

My Airplane Specs.
Buy one at LookUp Aviation https://www.lookupaviation.com

2021 Sling TSi
Rotax 915 (141 hp engine)
Range: up to 1000 miles
Climb rate: 1200 fpm
Speed: 170 mph
Fuel: 8 gph
Dual G3x + G5 Backup + GTN 650 + GMC 507 Autopilot

posted by austranklt